His Majesty King Albert II of Belgium ABDICATES! (VIDEO)

On Wednesday, July 3, 2013, His Majesty King Albert II of Belgium announced from his office at the Palais de Bruxelles that he will abdicate the throne in favor of his son, His Royal Highness Prince Philippe of Belgium, on July 21, 2013.

Here is what His Majesty had to say:

“Ladies and Gentlemen,

It is with great emotion that I address each and every one of you today.

I entered my 80th year of age never achieved by my predecessors in the exercise of their functions.

I find that my age and my health allows me to exercise my function as I would like.

I would be remiss in my duty and my conception of the royal function that you want to keep me in office at all costs, without being able to fully assume my role.

This is a basic issue of respect for the institutions and to you, my fellow citizens.

After 20 years in power, so I think it is time to pass the torch to the next generation.

I note that Prince Philip is well prepared to succeed me. He enjoys with Princess Mathilde of my confidence.

Over the years, especially in the context of economic missions abroad, Prince Philippe has highlighted its commitment to this country dear to his heart.

And above all, over time I learned that our country can count on an extraordinary asset, YOU my dear fellow!

With a rich population of talents, its diversity, its energy, its generosity, the future of our country is in very good hands!

So it is with serenity and confidence, I am telling you of my intention to resign this July 21, 2013, the day of our national holiday, in favor of the Crown Prince, my son Philippe.

Ladies and Gentlemen,

Throughout my reign, a deep conviction has guided my design of the royal function.

The role of the King of the Belgians and legitimacy is to serve democracy and its citizens, only holders of sovereignty.

In this regard, the royal institution must continue to evolve with the times.

As usual I address you again on July 20 and I will be attending with the Queen and the new Sovereign ceremonies on July 21.

I already want to tell you that it was an honor and an opportunity to be able to devote a large part of my life in service to our country and its people.

Queen Paola and I will never forget as warm ties with the entire population over the past 20 years.

Thank you for the confidence you have placed in us, your gestures of sympathy and support even sometimes tinged with some criticism. Be aware that you have always been very expensive.

We keep in our heart the memory of many meetings in joyful moments, but also at major events.

Of course, the end of my reign does not mean that our separate ways now. Quite the contrary!

I totally agree. He should slip into retirement and then out of site. With all of Spain’s financial issues and the king’s behavior, I’m surprised the Spanish government hasn’t moved to yet again abolish the monarchy. Price Felipe is so capable and young and fresh. It’s time for a change of kings in Spain.

Ohh..really.. Maybe I forgot about this, because Asia’s monarchies (exept Jordan) are not very interesting for me. But thanks that u remember to me this. I just thouth about Vatican like 3rd abdication – there is monarchy too, but very different.